The Danish Customs and Tax Administration Sept. 24 posted online Supreme Court Decision No. SKM2025.541.HR, clarifying the deductibility of losses from cryptocurrency transactions for individual income tax purposes. The taxpayer, an individual, sold cryptocurrency in 2017 and sought to deduct losses from the sale against individual income. On appeal, the Supreme Court found that: 1) the taxpayer had acquired the cryptocurrency for speculative purposes, making profits from the sales taxable; 2) the taxpayer couldn’t deduct losses from speculative cryptocurrency transactions against individual income; and 3) the taxpayer could only deduct the losses as a standard deduction from general taxable income. ...